The Relative Strength (RS) Rating for Dave & Buster's Entertainment stock moved into a higher percentile Tuesday, as it got a lift from 69 to 72.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if Dave & Buster's can continue to rebound and clear that threshold.
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Is Dave & Buster's Entertainment Stock A Buy?
Dave & Buster's Entertainment stock is working on a consolidation with a 44.37 entry. See if it can break out in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The retail restaurant's earnings growth decreased last quarter from -45% to -81%. But sales moved higher, from 24% to 51%.
Dave & Buster's stock holds the No. 21 rank among its peers in the Retail-Restaurants industry group. Restaurant Brands Intl and Wingstop are also among the group's highest-rated stocks. For more industry news, check out "Retail Industry News And Stocks To Watch."
